Streamline Health Solutions (NASDAQ:STRM) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note published on Tuesday. The brokerage issued a sell rating on the stock.

Streamline Health Solutions Stock Performance

Shares of STRM opened at $0.33 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.61 and a current ratio of 0.61. Streamline Health Solutions has a 52-week low of $0.21 and a 52-week high of $1.85. The firm has a market cap of $19.47 million, a price-to-earnings ratio of -0.97 and a beta of 1.18. The business’s fifty day moving average is $0.47 and its 200-day moving average is $0.44.

Institutional Investors Weigh In On Streamline Health Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Austin Wealth Management LLC boosted its position in Streamline Health Solutions by 100.2% in the fourth quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock valued at $402,000 after buying an additional 468,242 shares in the last quarter. Nicholas Hoffman & Company LLC. grew its position in Streamline Health Solutions by 10.9% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock worth $315,000 after acquiring an additional 72,993 shares during the last quarter. Cerity Partners LLC acquired a new position in Streamline Health Solutions in the 4th quarter worth about $128,000. Perkins Capital Management Inc. raised its position in Streamline Health Solutions by 33.7% in the fourth quarter. Perkins Capital Management Inc. now owns 1,999,405 shares of the company’s stock valued at $850,000 after purchasing an additional 504,000 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Streamline Health Solutions by 1.6% during the third quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock valued at $1,633,000 after purchasing an additional 26,201 shares in the last quarter. 31.74% of the stock is owned by institutional investors.

Streamline Health Solutions Company Profile

Streamline Health Solutions, Inc offers health information technology solutions and associated services for hospitals and health systems in the United States and Canada. The company offers RevID, an automated revenue reconciliation software; eValuator, a coding analysis platform; data comparison engine; coding and clinical documentation improvement (CDI) solutions, including CDI, abstracting, and physician query; and financial management solutions, such as accounts receivable management, denials management, claims processing, spend management, and audit management.